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Wars to cast pall over meeting of global VIPs in Davos
Wars to cast pall over meeting of global VIPs in Davos
Economy
By AFP

The world's political and business elites will convene in Davos next week, with wars in Gaza and Ukraine set to dominate the annual gabfest in the Swiss Alps. "We know that the war in Gaza is still going on and there are worries for a further escalation," Brende said, adding that the WEF meeting would "look how to avoid a further deterioration".

China, Russia trade soared in 2023 as commerce with US sank
China, Russia trade soared in 2023 as commerce with US sank
Economy
By AFP

Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions. Commerce with the United States was valued at $664 billion last year, down 11.6 percent from 2022.

E-bike craze in high gear at CES gadget fest
E-bike craze in high gear at CES gadget fest
Economy
By AFP

Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow. People wanted the convenience and cost-savings of getting around cities by bicycle, and were averse to public transport given Covid concerns, Ren said.

Biden sells economic strength, but voters aren't buying yet
Biden sells economic strength, but voters aren't buying yet
Economy
By AFP

US President Joe Biden has good news to sell on the economy as he seeks reelection in November -- but voters don't seem to be buying it. Biden's confidence that the economy would woo voters saw the White House last year rebrand his policies "Bidenomics" as they tried to sell the good news to voters last year.